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If CPI in Year 1 was 110 and in Year 2 it was 115, which of the following is correct? Interest rates were 5%. Deflation

If CPI in Year 1 was 110 and in Year 2 it was 115, which of the following is correct? Interest rates were 5%. Deflation was 4.5% Inflation was 4.5% Disinflation was 5%

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